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»Digital Payments Got A Big Push In India This Year And That Included UPI And Credit Cards 6-MIN READ Digital Payments Got A Big Push In India This Year And That Included UPI And Credit Cards The UPI, or unified payments interface, transactions have been consistently growing month on month. Credit card transactions have also seen a spike in the past few months. The credit cards business also saw a renewed push, with banks and digital platforms investing heavily in the co-branded cards space. L...

Shares Despite a global pandemic, Nigeria’s financial sector has grown significantly in 2020. At the beginning of the year, Adedeji Olowe, Trium Networks CEO and Open Banking Nigeria trustee made some interesting economic predictions. However, few people would have foreseen the wave of COVID-19 that caused massive disruptions in every economic sector across the globe. Interestingly, some of Olowe’s predictions or “playful educated guesses” came to pass. Some came close, while others sho...

Disappearing Messages WhatsApp added disappearing messages feature a few months ago. The tool automatically delete chats after a time period of seven days. The feature is not enabled by default and in order to use it, you need to turn it on by visiting the profile of individual chats or groups. This feature is available for all the platforms, including Android, iOS and Web. Group voice/video call limit increased Due to the Coronaviruspandemic, several video call apps, including WhatsApp, witnes...

Payments, small businesses, customer experience focus areas: WhatsApp India head The peer-to-peer, UPI-based WhatsApp Pay service was rolled out in November. (Photo: Reuters)Premium 2 min read WhatsApp has over 400 million active users while the business app has 15 million users in India. It will continue to bring new features and tools to the business app, designed especially to help small businesses and kirana stores to grow and scale Share Via Read Full Story NEW DELHI: The recently launched...

(File photo) BENGALURU: WhatsApp global head Will Cathcart said the messaging platform was in talks with banks and financial institutions for a broader rollout of its payments services in India. Last month, National Payments Corporation of India (NPCI) finally gave its nod to the Facebook-owned company to roll out payments services gradually to 20 million users here. It was stuck in beta mode for two-and-a-half years and restricted to just 1 million users on the Unified Payments Interface (UP...

Payments, small businesses, customer experience are key focus areas for WhatsApp India A 3D printed Whatsapp logo is placed on the keyboard in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/Files Premium The recently launched UPI payments feature on WhatsApp is now active across India in partnership with State Bank of India (SBI), ICICI Bank, HDFC Bank, and Axis Bank, announced Abhijit Bose, chief executive, WhatsApp India on day two ...

Facebook to test relaunched Instagram Lite in India NEW DELHI (Reuters) - Facebook Inc said on Wednesday it is testing a new, less data-intensive version of its photo and video sharing app Instagram in India, a key growth market for the U.S. social media giant. The app, Instagram Lite, is less that 2MB in size, which will help it run smoothly on low-memory smartphones and broaden its userbase, the Menlo Park, California-headquartered company said. The company is relaunching the Lite app af...

1 of 2 WhatsApp Pay now live with SBI, HDFC, ICICI and Axis Bank WhatsApp Pay announced that it is now live with State Bank of India, HDFC Bank, ICICI Bank and Axis Bank for Indian users. The payment method will let WhatsApp users transfer and receive money on the platform. We’ve been working on this with the National Payments Corporation of India, who oversee everything to make sure it’s secure and reliable. And we’ve built it using India’s Unified Payments Interface, which makes it e...

Source: WhatsApp WhatsApp India will soon launch sachet-sized health insurance and micro-pension products with the backing of SBI General Insurance Company and HDFC Pension Management Company, respectively, said Abhijit Bose, Head of WhatsApp India during Facebook’s Fuel for India 2020 virtual conference. “During COVID-19 the ability for people to get immediate and targeted health and life insurance can protect families’ financial security from emergency expenses. We hope that thes...

URL copied WhatsApp Pay now live in India with THESE 4 banks WhatsApp Pay on Wednesday announced it is now live in India. After two years of waiting, Facebook-owned WhatsApp payment service received approval from the National Payments Corporation of India (NPCI) in November to go live on Unified Payment Interface (UPI) with over 160 supported banks. WhatsApp Pay goes now live with State Bank of India, HDFC Bank, ICICI Bank and Axis Bank for its up to 20 million users in India. WhatsAp...